When purchasing a motorcycle, you might have tunnel vision from your excitement. You want to get the bike of your dreams without considering other factors such as gas mileage, lifestyle, and insurance costs. Generally, motorcycle premiums are higher due to the risk of riding. However, you can do a few things to lower the cost of your monthly payments. Here are four tips for saving money on motorcycle insurance.
Consider the Type of Bike You’ll Purchase
When searching for a bike, you must consider more than its looks or power. Think about your lifestyle, and choose a safe bike to save money on insurance. Your monthly premium will be based on the motorcycle's make, model, and year. For example, a bike with a low cubic capacity (CC) costs less than a super-changed sports bike.
Add Safety Modifications to Your Bike
Did you know you can save money on motorcycle insurance by adding safety modifications? Tricking out your motorcycle can be beneficial when adding anti-theft and safety systems. Motorcycles are considered high-risk vehicles due to the heightened chances of theft or getting in an accident. By adding modifications to lessen those chances, you can save a few bucks on your monthly premium.
Bundle Your Insurance Policies
Another great way to save on insurance is by bundling your policies. Not only will you save money, but you will also save time organizing your monthly payments. Instead of paying multiple insurance companies, you can make one payment for all of your plans. Whether you need homeowners, auto, renters, or boat insurance, you can bundle it with your motorcycle coverage.
Take Motorcycle Safety Courses
One of the easiest ways to save money on motorcycle insurance is to enroll in motorcycle safety courses. Whether you’re a new rider or want to improve your skills, you can take a class approved by your insurance company. After passing the written and driving test, you can present the certificate to your insurer, who can give you a discount for being a cautious rider.
Saferoad Insurance understands the importance of obtaining affordable insurance. This is why we offer cheap motorcycle insurance in California. We’ll ensure you have the coverage you need. Browse our website for more information, and contact us for a free quote today!